128/55 Villiers St, North Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 1029m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in North Melbourne in the last 12 months.
Welcome to 128/55 Villiers Street, North Melbourne, a charming STUDENT ONLY studio apartment perfect for first-time buyers or investors. Leased June 2026 yielding a rental income of 1730 pcm.
This modern apartment features a spacious bedroom with ample natural light, providing a cozy retreat at the end of the day. The open-plan living area seamlessly connects to a well-appointed kitchen, making it ideal for entertaining guests or enjoying a quiet night in.
The bathroom is stylishly designed and features contemporary fixtures, ensuring comfort and convenience.
Located just moments from leading universities, hospitals, public transport, and the CBD, the property is perfectly positioned to attract consistent tenant demand. Residents will also enjoy easy access to local cafs, shops, and lifestyle amenities that make North Melbourne one of the city's most desirable inner-city suburbs.
Price Guide: $160,000 - $176,000
Affordable, high-yielding, and superbly located-this is an outstanding addition to any investment portfolio.
# photos are of a generic nature and the best way to view the property is to book an inspection now, as these properties can be very popular with investors.
The size of North Melbourne is approximately 2.4 square kilometres. There are 12 parks, covering nearly 4.7% of the total area. The population of North Melbourne in 2016 was 14940 people. By 2021 the population was 14953 showing a population growth of 0.1% in the area during that time. The predominant age group in North Melbourne is 20-29 years. Households in North Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Melbourne work in a professional occupation.In 2021, 33.00% of the homes in North Melbourne were owner-occupied compared with 28.50% in 2016.
North Melbourne has 12,819 properties. Over the last 5 years, Houses in North Melbourne have seen a -16.89% decrease in median value, while Units have seen a -1.38% decrease. As at 31 August 2026:
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